BR-111 Begins Strategy of Bypassing Distribution
Miami, FL, July 8, 2010--BR-111 has begun its strategy of bypassing distribution and is reducing suggested retail prices on its products while sustaining dealer margins of up to 40%, the company said.
Today's Flooring News
Keep up to date with the most recent news in the flooring industry. Today's News...As it happens! We update this news several times a day so you can stay connected.
Resilient Institute Launches Online Info Source
LaGrange, GA, July 7, 2010--The Resilient Floor Covering Institute has launched an online resource for commercial flooring specifiers, consumers and media seeking information on resilient flooring products.
CCA Global, GE Offer Consumer Financing
Manchester, NH, July 7, 2010--GE Money, the consumer lending unit of General Electric Company, and CCA Global Partners will offer a consumer financing program through GE Money’s Sales Finance business.
Mohawk in Joint Venture with Chinese Tile Maker
Calhoun, GA, July 7, 2010--Mohawk said it has made a minority investment in Sanfi Ceramics, a manufacturer of ceramic tile in China.
Uniboard Quebec Plant Now CARB 2 Compliant
Laval, Quebec, Canada, July 7, 2010--Uniboard said that its Mont-Laurier, Quebec manufacturing facility has been certified to meet CARB Phase 2 emissions standards for the production of MDF panels.
Balterio Investing $15M in Production, R&D
Sint Baafs Vijve, Belgium, July 7, 2010--Laminate flooring maker Balterio is investing $15.1 million quality control, production lines, research and development, and a new point of sales system.
Styron Names Executive Leadership Team
Midland, MI, July 7, 2010--Styron, which provides latex to the flooring industry, has announced the company’s executive leadership team, following its sale from The Dow Chemical Company to Bain Capital Partners on June 17.
Fewer Consumers Behind in Card Payments
Washington, DC, July 7, 2010--The number of consumers behind on their credit card payments fell to an eight-year low in the first quarter, the American Bankers Association said Wednesday.
Retail Real Estate Continues Slide
New York, NY, July 7, 2010--Retailers closed more stores in shopping centers during the second quarter, according to research firm Reis Inc.
Flooring Maker Aims To Use Domestic Bamboo
Portland, OR, July 7, 2010--Bamboo Revolution is expanding here, and eventually the company wants to use domestically grown bamboo it its products.